Jump to content

Home
Five Year Summary
Corporate Directory
Directors Report
Remuneration Report
Auditors Independence Declaration
Corporate Governance Statement
Income Statement
Balance Sheet
Statement of Changes in Equity
Statement of Cash Flows
Notes to the Financial Statements
Directors Declaration
Independent Audit Report
Shareholder Information
Table of Important Dates

 

NOTE 29: JOINTLY CONTROLLED ENTITIES
Information relating to significant jointly controlled entities (JV’s) is set out below:
Ownership interest Carrying value Profit contribution
Name 2008 2007 2008 2007 2008 2007
% % $000 $000 $000 $000
BGAI CDC Trust 50.00 50.00 27,799 9,812 13,492 -
BGAI Erskine Trust 50.00 50.00 54,347 28,192 9,639 -
BGAI TTP Trust 50.00 50.00 9,610 8,726 1,529 2,686
BGAI Capicure Trust 50.00 50.00 2,462 2,458 - -
BGAI1 Heritage Trust 50.00 50.00 10,878 7,193 - -
BGAI1 Oakdale Trust 50.00 n/a 30,978 n/a - n/a
Other jointly controlled entities 804 624 723 169
Fair value adjustments on completion of developments 23,137 2,659
136,878 57,005 48,520 5,514
The principal activity of each of the above JV’s is property development and leasing. They all have balance dates of 30 June, as
the other partner in the JV has this balance date. Each of the above entities are incorporated in Australia.
CONSOLIDATED
31 JULY 08 31 JULY 07
$000 $000
(a) Summarised share of JV’s financial information
Current assets 2,537 49,353
Non-current assets 316,589 117,662
319,126 167,015
Current liabilities 23,776 25,868
Non-current liabilities 165,824 83,591
189,600 109,459
Net assets 129,526 57,556
Revenues 4,143 4,143
Profit before income tax 25,383 2,928
Income tax expense - (73)
Profit after income tax 25,383 2,855
(b) Share of JV’s expenditure commitments
Capital commitments 34,353 111,117
Lease commitments - -
34,353 111,117
The entity has no legal liability for any expenditure commitments incurred by JV’s.
(c) Contingent liabilities of JV’s
Share of incurred jointly with other investors - -
For which the company is severally liable - -
- -
The entity has no legal liability for any contingent liabilities incurred by JV’s.

 

Go to top

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EmailARTM - Online Investor Communications
close
X
HelpARTM Online help
close
X
enlarge
 Click the larger "A" to make the text bigger and click the smaller "A" to return to the original size.
Print
 To print out the annual report pages you are viewing click Print. You can also use your default print function from your keyboard.
Email
 If you would like to email a reference to the page you are viewing to a colleague or friend click Email. The email message will already be setup for you with a link to the page and you can add additional information if you wish.
Downloads
 Click Downloads to access a complete set of PDF files of the annual report. You will also be able to download a single PDF file of the entire annual report here.
Sitemap
 To view the complete sitemap of the Annual Report click the Sitemap button.
 search
 To search for a particular word or phrase enter the criteria in the search field and either click on the Search button or simply hit Enter or Return on your keyboard.